Capital Engineering Network PCL (BKK:CEN) ROCE % : -21.30% (As of Dec. 2023)

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What is Capital Engineering Network PCL ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Capital Engineering Network PCL's annualized ROCE % for the quarter that ended in Dec. 2023 was -21.30%.

Capital Engineering Network PCL ROCE % Historical Data

The historical data trend for Capital Engineering Network PCL's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Capital Engineering Network PCL ROCE % Chart

Capital Engineering Network PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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-40.38

-6.21

16.19

-13.83

-12.33

Capital Engineering Network PCL Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															-30.99	2.55	-14.81	-15.48	-21.30

Capital Engineering Network PCL ROCE % Calculation

Capital Engineering Network PCL's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	-381.616	/	( ( (3391.178 - 186.739)	+	(3199.384 - 215.794) )	/ 2 )
	=	-381.616	/	( (3204.439	+	2983.59)	/ 2 )
	=	-381.616	/	3094.0145
	=	-12.33 %

Capital Engineering Network PCL's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	-645.016	/	( ( (3301.118 - 228.249)	+	(3199.384 - 215.794) )	/ 2 )
	=	-645.016	/	( ( 3072.869	+	2983.59 )	/ 2 )
	=	-645.016	/	3028.2295
	=	-21.30 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Capital Engineering Network PCL (BKK:CEN) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Capital Engineering Network PCL ROCE % Related Terms

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Capital Engineering Network PCL (BKK:CEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Capital Engineering Network PCL (BKK:CEN) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rama 3 Road, 1011, Supalai Grand Tower, 17th Floor, Room No.1703, 1704, Chongnonsi, Yannawa, Bangkok, THA, 10120

Website

http://www.cenplc.com

Capital Engineering Network PCL is engaged in the production and distribution of the engineering construction material, transmission tower and renewable energy, and telecom implementation services. The operating segments of the group are Investing in other companies, Steel wire, Steel structure poles, designing and distributing main structures according to the pattern, Electricity, and thermal energy, distribution of industrial product segment and telecom implementation service segment. It has a business presence in Thailand and the Philippines, of which a majority of revenue is derived from Thailand.